VietinBank cut its deposit rates for terms of 6 months and longer on the morning of Oct. 20, then restored them to pre-adjustment levels by the afternoon. Its afternoon rate board showed 3.5% per year for 6 to under 12 months, 5.9% for 12 to under 24 months and 6% for 24 months and longer, versus 3%, 5.4% and 5.5% in the morning. Rates for terms under 6 months stayed unchanged, including 2.1% for 1 to under 3 months and 2.4% for 3 to under 6 months. The move came as banks followed the State Bank of Vietnam's guidance to cut deposit rates by at least 0.5 percentage points for terms of 6 months and longer, and Vietcombank and Agribank were among those reducing rates.
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Original headline: Một ngân hàng Big4 vừa giảm lãi suất sáng, chiều tăng trở lại
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Related tickers and likely impact
BID
• NeutralBIDV
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 261,737 bn VND |
| P/E | 8.1 |
| P/B | 1.38 |
| Close on 10/20/2026 | 33.65 |
| Change that session | 0.00% |
CTG
• NeutralVietinBank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 236,892 bn VND |
| P/E | 5.9 |
| P/B | 1.21 |
| Close on 10/20/2026 | 30.45 |
| Change that session | -0.16% |
VCB
• NeutralVietcombank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 469,589 bn VND |
| P/E | 11.3 |
| P/B | 1.92 |
| Close on 10/20/2026 | 55.80 |
| Change that session | -0.71% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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